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Channel Georgia Consulting is glad to announce the signing of a Cooperation Agreement with Ermed Georgia LTD. Based on this Agreement Channel Georgia Consulting will help Ermed Georgia LTD to develop it’s business in the country and consolidate its relation with the various stakeholders in Georgia.

“We are very honoured and glad to sign today this agreement with Ermed Georgia LTD, a major player in healthcare services covering the whole region. Our involvement will surely contribute in consolidating Ermed Georgia LTD as the undisputed market leader in this sector of activity”, said Fady Asly Chairman of Channel Georgia Consulting.

“It is an honour and privilege for us to sign this agreement with Channel Georgia Consulting, the highly experienced International Consultancy Firm that kindly agreed to assist and support us in our business activities in Georgia for strengthening our relations with local partners and clients. We believe that this cooperation will benefit to our combined management and dedicated service to ensure that people in Georgia live full and healthy life”, said Mert Calikusu Director of Ermed Georgia LTD.

Channel Georgia Consulting is a unique International Consultancy Firm bringing together a group of highly experienced professionals to serve investors and businesses globally in the areas of energy, agriculture, tourism, banking, financial services, construction, real estate, infrastructure, industry and advertising; Channel Georgia Consulting is registered and active in several countries and links businesses internationally and more particularly the GCC countries, Europe, the Caucasus, Central Asia and South East Asia and offers a five star service through efficient, professional and swift performance. Channel Georgia Consulting is a specialist Business Matchmaking consultancy that delivers fast, reliable, transparent, and highly effective International Business Development and Business Matchmaking solutions to private companies, public companies, Embassies, and government trade and export promotion organizations in more than 50 countries.

➢ Ermed Georgia LTD is the official partner and representative of the well-known Global companies: ABBOTT, TURKLAB, SYNLAB, DIRUI, KROS in Georgia and the distributor for their In Vitro Diagnostic Equipment, Products and Services, building its activities with dedication, innovation and trust to serve in healthcare management, solution and services to fulfil the needs of Georgian healthcare market. Through its commitment for establishing better healthcare management in Georgia, Ermed Georgia LTD continues to make steady advances in new diagnostic companies that will bring more accurate and reliable laboratory tests for the health and wellbeing of people. Being dedicated to advance leading-edge technology and healthcare management that hold the potential for significant improvements to health and to the practice of healthcare, Ermed Georgia LTD endeavours to earn the trust of those it serves by committing to the highest standards of quality, excellence in personal relationships, and behaviour characterized by honesty, fairness and integrity.

The signing ceremony was hosted by the International Chamber of Commerce ICC-Georgia.

Investments to Georgia – Top business industries

Investment climate in Georgia is very friendly, therefore, more and more investors tend to invest in this small eastern European country.

The World Bank ranks Georgia the 9th state in its Ease of Doing Business list. Countries whose economies were mostly run by the state for a long period rarely rank so high on this list, which only proves that Georgia is developing in a very fast manner.

One of the strongest features that keep foreign investors coming is Georgia’s protection of investors policy, which guarantees security to investors and their assets.

In this article, we will discuss the top business industries beneficially invested by the foreign investors:

Real estate investments

The real estate industry is considered to be one of the major contributors to the economy of Georgia and it is still growing.

Foreign investors can participate in real estate industry many different ways: you may invest in constructions, be a real estate agent or have a rental business.

The bottom line is that in whichever way you intend coming in to the industry, you stand the chance of making huge profits.

Lastly, it’s also need to be noted, that new liberal legislation is on the way, that will make it even more encouraging for entrepreneurs to setup their own businesses.

Tourism investments

Georgia is a gateway to many countries and it has some UNESCO approved tourism sites, sea, mountains and modern cities all together mixed in attractive places for the foreign tourists.

If you are interested in the tourism industry in Georgia, then you should consider starting different touristic businesses, you can: Operate a 3 star hotel, create consultancy firm in tourism, offer different trips throughout the region and etc.

All you need to do is to get some certifications and training in tourism before establishing your own tourism consultancy company.

Hydropower Plants

Hydropower is the cheapest and most environmentally friendly source of electricity in Georgia.

The hydroelectric sector has been privatized, but still, Georgia seems to lack adequate policies to maximize the utilization of hydroelectric plants.

New plants will help Georgia, which is already almost self-sufficient in energy, to meet its power needs in winter and allow it to export electricity through a transmission line; therefore, this is a very interesting sector to invest in Georgia.

Georgia’s Energy Sector

Georgia’s energy sector is one of the country’s most attractive investment opportunities. Georgia’s electricity generation has not kept up with growing consumption since 2012. Meanwhile, average electricity price are surging.

Georgia was once a top energy producer 20,000 barrels/day, but inappropriate leadership and lack of political will, especially during its Soviet days, Georgia decreased its production of oil tremendously.

Investors are also very interested in taking over parts of this sector, especially because they are now willing to deal with the complex geological formations in Georgia and are ready to conduct drill experiments.

Agriculture sector

Georgia’s agricultural industry plays a major role in the state’s economy, contributing millions of dollars annually.

Georgia hopes to make use of its vast agricultural potential since it is one of the strongest sectors Georgia has.

How serious they are is also indicated by incentives that investors will receive for agricultural investments.

The agriculture sector in Georgia is notable for the cultivation of crops like nuts, tea, fruits, apples, etc.

What ranks very high for increased export is wine production. Georgia also wants to increase meat production on its soil in order to launch it in international markets.

The Transportation Sector

Located at the crossroads of Europe and Central Asia, Georgia is a bridge connecting several important economic regions including the EU, Caucasus and Central Asia.

Georgia’s oil and gas pipelines, Black Sea ports, well-developed railway system, together with its airports are playing an increasingly important role in linking East and West.

At the same time, Georgia functions as the vertical North-South transportation link between Russia and Turkey and, via Armenia, to Iran.

Thanks to its geographical position, and an inherited modern transportation system from the Soviet days, Georgia shows great potential to be one of the main routes for Asian-European trades and exchange of goods.

Many investors see an opportunity for profit since the trade between Asia and Europe keeps growing.

Mr. Fady Asly Chairman of Channel Georgia Consulting was re-elected today Chairman of the International Chamber of Commerce in Georgia for a 6th consecutive term.
Ms. Maia Sidamonidze partner of Channel Georgia Consulting was elected 2nd Vice-Chairman/Treasurer of the Chamber.

Fady Asly, Chairman of Channel Georgia Consulting and Chairman of the International Chamber of Commerce in Georgia was a guest speaker at the Leadership School, an institution that includes young leaders from both Georgia and Armenia.
In his presentation Mr. Asly covered extensively the requirements that characterise true leaders and that include among other things courage, integrity and compassion.

Chairman of ICC-Georgia and of Channel Georgia Consulting Mr. Fady Asly, held a meeting at ICC offices with the leaders of The Coalition for Independent and Transparent Judiciary
The meeting covered the major problems within the Judiciary and the importance of solving those problems constructively through engaging the various stakeholders, and through the building of trust.

Channel Georgia Consulting is glad to announce that Mr. George Arveladze has joined the Firm as partner for Healthcare and Pharmaceuticals.
George has extensive hands-on experience in healthcare serving as the Chairman of the Supervisory Board of Georgian Pharmacy, the largest pharmaceutical chain in the country and as the Deputy CEO of Georgia Healthcare Group, the largest healthcare provider in the country overseeing outpatient business. a seasoned banker with 14 years of experience in retail.

Prior to joining GHG, George was the CEO of Liberty Bank, Georgia’s 3rd largest retail bank with more than 5,300 employees and over 650 branches throughout the country, which he led since 2013 delivering c.200% net profit cumulative annual growth in 2 years, an impressive and strong performance. Prior to his appointment as CEO, George served as Deputy CEO in charge of Strategic Projects, Treasury and Private Banking (2009-2011 years) and Deputy CEO, Chief Operating Officer (2011-2013 years). Before returning to Georgia in 2009, he worked in structured product sales at BNP Paribas in London; prior that, he worked at the National Bank of Georgia.
George holds a BBA from Midwestern State University, USA and an MBA from London Business School.

“We are thrilled that George has joined Channel Georgia Consulting as Partner; George is bringing to our firm a unique added value and an invaluable experience in Healthcare and Pharmaceuticals, two sectors that are of the utmost interest to our investors” said Fady Asly Chairman of Channel Georgia Consulting.

“I am delighted to join Channel Georgia Consulting as a partner, with such a platform and such a highly experienced team of professionals, the Firm will be highlighting Georgia’s presence on the institutional investors’ map. It is my great pleasure to bring international investors on board and contribute to Georgia’s economic growth.” said George Arveladze.

Channel Georgia Consulting and Fine Hygienic Paper FZE have signed in Dubai a Sales Representation Agreement to facilitate the access of Fine Hygienic Paper FZC to several countries of the former Soviet Union and of Eastern Europe.

“We are very proud to have been chosen by Fine Hygienic Papers, the largest company of its kind in the MENA region and one of the largest in the world; this Agreement is an additional achievement for Channel Georgia Consulting the leading Consulting Firm that bridges the countries of the Gulf Cooperation Council and the Middle East with the Caucasus, Central Asia and Eastern Europe” said Fady Asly, Chairman of Channel Georgia Consulting.

“We are delighted to be partnering with a renowned international consultancy firm like Channel Georgia to serve new markets in Eastern Europe. This step comes to further highlight the leading position of Fine in providing innovative and high quality hygienic products,” said Charbel Azzi, Chief Commercial of B2B and Export for Fine Hygienic Holding.

Azzi pointed out that Fine’s paper and diaper products are available in more than 70 countries across the Middle East, Africa, Europe and the United States, and that the group is working to expand its business into new markets in the near future.

Channel Georgia Consulting is a unique International Consultancy Firm bringing together a group of highly experienced professionals to serve investors and businesses globally in the areas of energy, agriculture, tourism, banking, financial services, construction, real estate, infrastructure, industry and advertising;

Channel Georgia Consulting is registered and active in several countries and links businesses internationally and more particularly the GCC countries, Europe, the Caucasus, Central Asia and South East Asia and offers a five star service through efficient, professional and swift performance.

Channel Georgia Consulting is a specialist Business Matchmaking consultancy that delivers fast, reliable, transparent, and highly effective International Business Development and Business Matchmaking solutions to private companies, public companies, Embassies, and government trade and export promotion organizations in more than 50 countries.

Fine Hygienic Holding is the first and largest hygienic tissue producer in the MENA region and one of the largest in the world with a presence in more than 70 countries of the Middle East, Africa, Europe and the United States. Fine Hygienic Holding is part of the Nuqul Group that brings together 30 regional and global companies, more than 5,100 employees and exports in more than 70 markets worldwide.

The International Chamber of Commerce (ICC-Georgia) held its 1st Consultative Board Meeting for 2018 at Biltmore Hotel on 26 March 2018. Mr. Fady Asly, Chairman of ICC Georgia welcomed the attendees and made introductory remarks regarding the current state of the Judiciary in the country. H.E. Thea Tsulukiani, Minister of Justice of Georgia overviewed the reforms implemented by the Ministry of Justice and discussed the judiciary reforms. The presentation was followed by an open discussion between the Consultative Board members and ICC Georgia members. During the meeting, the 11th edition of “ICCOMMERCE” magazine was released.

The ICC Consultative Board is the only body of its kind in Georgia, consisting of ten ambassadors, the Heads of three major international financial institutions, and the Heads of two major international organizations. The issues raised during the Board Meeting are subsequently advocated to the government through a multi-pronged approach by the ICC stakeholders to affect positive changes in the business and investment climate.

ICC Georgia is the largest and most vocal global Business Association in the country; it includes over 350 corporate and youth members and 28 business associations. The International Chamber of Commerce is the largest business organization in the world that includes over 6.5 million businesses and chambers of commerce. ICC consults regularly at the global level with the G8, G20, the World Bank, WTO, WCO and the UN.

“Investment climate in Georgia is one of the best in the world” Fady Asly

The government of Georgia expressed strong support for further investments from the GCC into Georgia, – it has been noted at the meeting of Fady Asly Chairman of Channel Georgia Consulting and Giorgi Kvirikashvili Prime Minister of Georgia, held on March 21, 2018.

Asly briefed the Prime Minister of the activities of Channel Georgia Consulting in the GCC countries and of the Firm’s immediate plans to expand its presence in additional countries of the Gulf Cooperation Council.

“We had a very good meeting with the Prime Minister regarding investments from the GCC, we are thrilled to get his continuous support to facilitate investments from the countries of the Gulf Cooperation Council into Georgia. The country’s investment climate is one of the best in the world and the government is working hard to improve it even further every day”, – Georgia offers amazing opportunities for investors said Chairman Asly.

Channel Georgia Consulting is a unique International Consultancy Firm bringing together a group of highly experienced professionals to serve investors and businesses globally in the areas of energy, agriculture, tourism, banking, financial services, construction, real estate, infrastructure, industry and advertising; Channel Georgia Consulting is registered and active in several countries and links businesses internationally and more particularly the GCC countries, Ehttps://channelgeorgia.com/invest-georgia-reasons/urope, the Caucasus, Central Asia and South East Asia offers a five star service through efficient, professional and swift performance.

Mr. Asly briefed the Prime Minister of the activities of Channel Georgia Consulting in the GCC countries and of the Firm’s immediate plans to expand its presence in additional countries of the Gulf Cooperation Council.

Mr. Asly informed as well Prime Minister Kvirikashvili of the appointment of Mr. Krish Sundaresan as Vice-Chairman of the Board of the Firm.

Prime Minister Kvirikashvili expressed his great interest in the activities of Channel Georgia Consulting in the Arab world and expressed the full support of the Government to facilitate further investments from the GCC into Georgia.

“ We had a very good meeting with the Prime Minister regarding investments from the GCC, we are thrilled to get his continuous support to facilitate investments from the countries of the Gulf Cooperation Council into Georgia. The country’s investment climate is one of the best in the world and the government is working hard to improve it even further every day” Georgia offers amazing opportunities for investors said Chairman Asly.

Channel Georgia Consulting is a unique International Consultancy Firm bringing together a group of highly experienced professionals to serve investors and businesses globally in the areas of energy, agriculture, tourism, banking, financial services, construction, real estate, infrastructure, industry and advertising; Channel Georgia Consulting is registered and active in several countries and links businesses internationally and more particularly the GCC countries, Europe, the Caucasus, Central Asia and South East Asia and offers a five star service through efficient, professional and swift performance. Channel Georgia Consulting is a specialist Business Matchmaking consultancy that delivers fast, reliable, transparent, and highly effective International Business Development and Business Matchmaking solutions to private companies, public companies, Embassies, and government trade and export promotion organizations in more than 50 countries.
(Archive picture courtesy ICC-Georgia)